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Tesla Gives a Massive Update on Its Affordable Model Plans
UNITED STATES, JUL 24 – Tesla aims to regain market share with the Model Q, targeting sub-$30,000 pricing and volume production starting Q4 2025, competing with affordable Chinese EVs, analysts say.
- On JULY 24, Tesla Inc. announced that sub-$30,000 Model Q production begins in June, with volume planned for H2 2025, according to Tesla.
- Amid stiff Chinese competition, Tesla said it delivered 1.8 million vehicles over the past two years, prompting the company to address affordability issues.
- Analysts at Deutsche Bank believe the launch could arrive by June 2025, with a range of about 250–300 miles per charge, and `Elon Musk on Wednesday` said it will resemble the Model Y.
- Tesla reported a slump in deliveries and shrinking profits, Tesla told investors, as US incentives end in Q3, impacting market response.
- Ultimately, the Model Q could redefine affordable EVs like the Model T, but Daniel Binns cautioned it is unlikely to fix broader challenges alone.
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12 Articles
A sharp drop in revenue and declining sales in Europe is forcing the Tesla car company, owned by billionaire Elon Musk, to look for a solution to the current situation. Among other things, it will try to attract customers with a better price offer. And it will also deploy robotaxis in the fight for better profits.
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Le Guide de l'autoTesla will launch a more affordable version of the Model Y by the end of the year.
Tesla gives a massive update on its affordable model plans
Tesla gave a massive update on its plans to launch a potential lineup of affordable models, something that it has been developing for the past couple of years. During its Q2 2025 Earnings Call yesterday, Tesla revealed some new details regarding the production plans of the affordable vehicles, and while the company did not shed any light on the potential price, we now have some information on the plans and timing of the cars. Tesla ‘Model Q’ get…
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